HAP Investments Pays $26.5M for Jersey City Parking Lot

HAP Investments is moving into the New Jersey market having paid $26.5 million for land in Jersey City on which the developer will erect a $400 million-plus, 42-story mixed-use tower, Commercial Observer has learned. The deal, which involved no brokers, closed on June 1, according to a spokeswoman for HAP.

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